The Financial Conduct Authority has censured collapsed £237m mini-bond provider London Capital & Finance (LCF) for unfair and misleading financial promotions.

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Four Financial Planning and wealth management firms are included in the table of most complained-against financial services firms published by the Financial Ombudsman Service for the first half of 2023.

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Link Fund Solutions, the administrator of the failed Woodford Equity Income Fund, has been purchased by Dublin-based Waystone.

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Growing wealth manager Titan Wealth has acquired North East IFA Prism Financial Advice, adding £630m in AUM to its books.

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Wealth manager St James’s Place is expanding its work with charity Young Enterprise to support the accreditation of schools looking to become Centres of Excellence for financial education.

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The FCA published 146 warnings about crypto-asset promotions in just the first day of its new crypto-marketing regime which was introduced on 8 October.

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A crooked tax agent and accountant - who is also an internationally-ranked chess player - has been jailed for 10 years after being found guilty of stealing more than £750,000 in a tax and mortgage fraud.

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India was the best performing investment fund sector over the summer with the infrastructure sector faring the worst, according to new analysis.

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Twelve firms entered default in August and September, including ten financial adviser firms and two credit unions, the FSCS has confirmed today.

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Pension services and SIPP provider STM has been acquired by Guernsey-based investment vehicle Pension SuperFund Capital in a £39.8m deal that was extended several times since first being announced in July.

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